Business Services Industry

Indus, Department of Transportation ink pact

San Diego Business Journal, May 20, 2002

San Diego-based Indus Technology, Inc. has received a multimillion-dollar contract to provide bookkeeping and other contract administration services to the Department of Transportation.

The contract includes an initial year of work with four, one-year options. If all options are exercised the contract will bring Indus between $3.6 million to $4 million, said James Lasswell, the company's vice president.

The new contract calls for Indus to provide invoice management, contract closeout support and billing/financial reconciliation support. Additionally, Indus will track contractor performance, prepare task orders and task order modifications.

COPYRIGHT 2002 CBJ, L.P.
COPYRIGHT 2008 Gale, Cengage Learning
 

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